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ENN Energy (OTCMKTS:XNGSY) Stock Passes Below 50 Day Moving Average - What's Next?

ENN Energy logo with Utilities background

ENN Energy Holdings Limited (OTCMKTS:XNGSY - Get Free Report)'s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $31.75 and traded as low as $31.57. ENN Energy shares last traded at $32.79, with a volume of 3,409 shares trading hands.

ENN Energy Trading Up 1.0%

The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.67 and a current ratio of 0.72. The stock has a 50 day moving average price of $31.72 and a 200 day moving average price of $29.56.

ENN Energy Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, August 8th. Shareholders of record on Friday, May 30th will be issued a dividend of $1.0154 per share. This represents a yield of 3.86%. This is a positive change from ENN Energy's previous dividend of $0.26. The ex-dividend date is Thursday, May 29th.

About ENN Energy

(Get Free Report)

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People's Republic of China. It operates through Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business segments.

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